PYRAMID PRECISION MACHINE, INC. 401(K) PLAN

Plan Contact

  • Address: 6721 COBRA WAY,SAN DIEGO,CA
  • Contact person: GIJS GROENLAND
  • Phone: (085) 864-2713

Plan General Information

PYRAMID PRECISION MACHINE, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of PYRAMID PRECISION MACHINE, INC. 401(K) PLAN is $5,155,431.00.This plan was established in 1997.

PYRAMID PRECISION MACHINE, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in PYRAMID PRECISION MACHINE, INC. 401(K) PLAN is 146

PYRAMID PRECISION MACHINE, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for PYRAMID PRECISION MACHINE, INC. 401(K) PLAN is $35,311.00

PYRAMID PRECISION MACHINE, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for PYRAMID PRECISION MACHINE, INC. 401(K) PLAN is $3,563.00.

PYRAMID PRECISION MACHINE, INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in PYRAMID PRECISION MACHINE, INC. 401(K) PLAN is approximately $479.00
Investing in this additonal $479.00 for 20 years would give you extra $30,698.00, assuming a 10% annual return.

PYRAMID PRECISION MACHINE, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, PYRAMID PRECISION MACHINE, INC. 401(K) PLAN allocates $70,032.00 to match its employees' contributions, providing an employer match rate of 13.94% of their contributions

PYRAMID PRECISION MACHINE, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of PYRAMID PRECISION MACHINE, INC. 401(K) PLAN is 24.77%.

PYRAMID PRECISION MACHINE, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for PYRAMID PRECISION MACHINE, INC. 401(K) PLAN is 14.06%. This measures the effectiveness of the plan participants' investments in the year.

PYRAMID PRECISION MACHINE, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of PYRAMID PRECISION MACHINE, INC. 401(K) PLAN is 0.50%.

Enrollment Features

PYRAMID PRECISION MACHINE, INC. 401(K) PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.

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